by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, International News, Policy, Reinsurance
Britain’s National Institute of Economic and Social Research (NIESR) estimated in November that Brexit had reduced the size of the economy by 2%-3%, with the impact expected to rise to 5%-6% by 2035 LONDON: Britain’s departure from the European Union has...
by AIP Online Bureau | Oct 2, 2023 | Eco/Invest/Demography, International News, Policy, Regulation
“It’s clear that the regulators that enforce the rules can also sometimes be a blocker to businesses, so our review will seek to root out the bad practices with the aim of making companies’ lives easier and reducing costs for consumers” London:...
by AIP Online Bureau | Jul 25, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Sam Woods, chief executive of the Prudential Regulation Authority, faces calls from the insurance industry to support the relaxation of the Solvency II capital rules, which were written while part of the EU London: London is in danger of becoming a mere “regional...
by AIP Online Bureau | Apr 28, 2022 | International News, Life, Non-Life, Regulation, Reinsurance
Britain inherited the so-called Solvency II rules from the European Union, and reforming them is seen by industry and government as a key reform after Brexit to keep the financial sector globally competitive London: Britain launched on Thursday a public consultation...
by AIP Online Bureau | Mar 29, 2022 | Data, Eco/Invest/Demography
Dublin is the most popular destination for staff relocations and new hubs, followed by Luxembourg, Frankfurt and Paris The transfer of assets from London to EU hubs remains around 1.3 trillion pounds ($1.7 trillion), EY said, adding that Brexit staff moves are by now...
